DPEX by Australian international express Toll group acquired expanding Asian transport network

DPEX by Australian international express Toll group acquired expanding Asian transport network

Australia Toll group has from Qantas acquisition by Singapore DPEX, accelerate the company to Asia market expansion, express delivery of purchase amount has not disclosed.

Qantas airways through the purchase of Australia's Singapore DPEX company, Australia Toll group is accelerating delivery of Asia market expansion pace. DPEX is the Asian largest express company, one of more than business income a $30 million (20.6 million euros), in the first year after the takeover is expected to generate profits for Toll group.

Toll global express company including Australia domestic express operators Toll IPEC, Toll Priority and Toll Fast, located in Japan's Footwork express and some other international company. By the middle of 2009, Toll group's global Courier company also acquired Deltec, Skynet and Kwikmail company. Through the continuous acquisition, Toll group business covers Asian 19 countries.

Toll Priority mainly responsible for package and file express business, the network expansion in Asia is Toll global express company development strategy important component. Toll Priority and DPEX used their each other professional ability and the customer resources, further promoted the Asia regional business and global express market business development.

Toll is expected in the second half of the fiscal year 2009/10 group carry pre-tax profits will year-on-year growth of 5% to 10%. At present the business development group in Australia environment appears get better, but the New Zealand market, still full of challenge. Group, says portfolio for the express business plate down big effect. The group's global logistics business and global resources to business strong growth, the group global freight volume also began to improve, and from the most recent acquisitions at a profit.

In the first half of its fiscal year 2009/10, group business income is $3.3 billion a, fell by 6%; Pre-tax profit rate for a $224 million, down 16%; Net income of $147 million, down 16%.

Toll group, says DPEX is the Asian largest independent express company grossed more than 30 million dollars (20.6 million euros), and is expected to be in the first years of the group of Toll earnings to contribute.

Qantas in August 2007 to Asia, as purchase DPEX air express market expansion plan, to add to the part of the scale of the already into domestic express business. On Australian airlines just three years later to sell DPEX express company did not give a reason.

Toll group managing director Paul Little said, the purchase DPEX Toll is global express (TGX) growth strategy department of the typical case. DPEX express company will support Toll business in Asia and the constant growth of development.